Project Completion Affidavit - Hibberd Plaza Improvements Project No 117-063R - R Yoder Construction Inc

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Granite Re, Inc. Bond# GRIN25250B MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS, That We, the undersigned R YODER CONSTRUCTION, INC. , as Principal and Granite Re, Inc., a corporation organized under the laws of the State of Oklahoma and duly authorized to do business in the State of Oklahoma, as Surety, are held and firmly bound unto: City of South Bend in the penal sum of **** Forty -Eight Thousand One Hundred Sixteen and 61/100 **** ($ 48,116.61 _) Dollars, for the payment of which well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns. Signed this 5 th November 20 18 .� ..._ day of THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, That whereas, the above named Principal did on the 13th day of March m 20 2018 enter into a �.-.�. .......... .._..... .�._ contract with the City of South Bend for: Hibberd Plaza and Streetsca e; Project No. 117-063R AND, WHEREAS, the specifications of said construction contract provide that upon final acceptance by Obligee said Principal shall furnish a maintenance bond for the sum amounting to **** Ten **** percent (_ 10 %) of the contract price, and to remain in full force and effect for the period of Three (3 ) year(s) from the date of acceptance, as therein stated in said specifications; the said work having been duly accepted by said obligee. NOW, THEREFORE THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Principal shall make good all defects appearing in the work performed by Principal due to faulty workmanship or materials which may develop during the period of Three O year(s) from the date of completion and final acceptance of said work, then this obligation shall be void; otherwise to remain in full force and effect. R YODER CONSTRUC'FlON, INC. B Title Granite Re [tie. Surety BY: Connie Smith , Attorney -in -Fact GR0709-24